Energy Switch Could Save Households $1000 A Year

Nov 29, 2018

In what is a major shakeup for the electricity market, NSW households can now quickly change electricity deals with Service NSW’s free Energy Switch service, potentially saving them up to $1000 a year on their bills.

The Member for Oxley, Melinda Pavey MP, welcomes the new cost-of-living initiative and encourages residents to test out the new price comparison and switching tool.

“Energy Switch is a game changer for NSW households trying to reduce cost of living pressure. There are a lot of Government price comparison websites – but this takes things to the next level.

“It enables people to compare charges and lock in a better deal with the click of a mouse or a quick chat with Service NSW.” Mrs Pavey said.

“Energy Switch uses a customer’s latest e-bill to scan the entire retail electricity market and provide a list of the cheapest three electricity plans available based on their individual usage profile.

“If a switch is requested, Service NSW will inform the energy provider, taking the leg work out of the process for the customer.

“We know power prices are a pinch-point for many households which is why this service has been established to help reduce the cost of living.”

Energy Switch will also allow people to regularly review their plan as electricity usage and prices fluctuate over time.

Research carried out by Service NSW found 70 per cent of NSW households pay too much for electricity, particularly customers who haven’t switched for more than 12 months.

Energy Switch is one a series of NSW Government initiatives helping to ease cost of living pressure for households. Others include cheaper Green Slips and refunds, Active Kids vouchers and the FuelCheck app.